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Senior Underwriter Underwriting Liability (m/f/d), Based in Vienna

Job Level:  Professional

Wien, AT, 1130

Due Date:  ASAP
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  7110

Applicant Information


For further information please contact: 


For position-related questions: Ms. Stefanie Thiem ( Hauptbevollmächtigte Branch Office Austria 
For HR-related questions: Ms. Ksenia Dedkova ( 

Whether it’s airplanes, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.


AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.


Job Purpose/Role 


The holder of this position will underwrite profitable new and renewal business to meet Line of Business (LoB) targets regionally including global elements. You will take ownership of large or key accounts and clients including negotiation of participation, pricing and terms and conditions. Another task is to develop and maintain strong relationships with key brokers and clients due to your specialized technical expertise.




In this role you will…

•    Underwrite Profitable business 
•    Negotiate participation, pricing, terms and conditions with brokers. Proactively manage capacity
•    Underwrite International Liability Insurance Programs 
•    Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
•    Ensure contract certainty is achieved on all accounts at time of inception
•    Ensure utilization of global pricing tools
•    Ensure accurate policy documentation issued to broker or broker has issued documentation
•    Proactively support completion of policy administration and credit control processes
•    Contribute to development and execution of regional Underwriting strategy for Liability 
•    Proactively drive acquisition of new business and retention of existing business for large/key clients (including client and broker negotiations where necessary)
•    Proactively liaise with Distribution on market management initiatives
•    Positively represent AGCS externally to the market with key brokers / distribution channels
•    Proactively drive involvement of functional areas in Underwriting process, including e.g. Distribution, Allianz Risk Consulting, Claims, Operations
•    Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

To be successful in the role:


You will have….
•    Preferably a degree in Economics, Law
•    Min. 3-5 years significant professional experience in Underwriting Liability, alternatively similar experience from a job role closely linked to Underwriting
•    IIP Handling / handling of international accounts
•    Specialized expert understanding of multiple sub-LoB products and portfolio
•    Demonstrable, established relationships with brokers at peer group level well established within market
•    Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements
•    Good understanding of legal and regulatory framework
•    Experience working in complex, global matrix organization
•    Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to LoB
•    High knowledge on Compliance to restrictive Measures of foreign Countries (ILG)
•    Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
•    Fluency in both German and English is mandatory
•    Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire


Ideally you will also have…

•    Customer orientation skills
•    Ability to work independently and to take responsibility
•    Ability to work in international teams


Additional information

44,590.84 Euro collectively agreed minimum salary, plus overpayment, depending on qualifications.


The benefits of joining AGCS


•    Hybrid working model, which recognizes the value in a balance between remote and office based working, giving you the flexibility to organize the way you work
•    An exciting and versatile job with an opportunity to work alongside skilled and specialised colleagues from all over the world 
•    An environment where innovation and challenging the status quo is encouraged
•    Wellbeing policies/initiatives to support a positive work life balance 
•    A competitive compensation and benefits package including generous bonus scheme  
•    Continuous learning: A large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
•    Diverse and inclusive culture: You will be accepted for who you are and empowered to use your voice to help others find theirs


Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 


Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.


Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally. 

In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders. This  is  an  exciting  time  to  join  AGCS  as we continue  on  our  journey  of  transformation,  regaining  market leadership  and  achieving  success  together.  You can grow your career through meaningful work supporting our customers, while learning from expert colleagues.


Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Diversity of minds is an integral part of Allianz’ company culture.


Let’s care for tomorrow.